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Friday WaveWrap
Friday Wave Wrap: Profiting from ChangeWave News
June 18, 2008 Tobin Smith, ChangeWave Research

This week has been a real roller-coaster ride for investors with the financials leading the way. It was a bumpy ride that began with IndyMac's (IDMC) woes, and ended with Citigroup (C) exceeding expectations. The Dow (DJI) closed below 11,000 for the first time in years, but still managed to finish the week 3.5% higher. Hope your seat belts were fastened for that trip.

Despite the rally at the end of the week, I think the bears are still in control, so you really need a good shorting strategy to profit these days. Watch my latest Rant to find out why, and then put my advice to work for you and your portfolio. And don't miss the rest of ChangeWave's best stories and videos from the week.

Hit ’em straight,

Toby

This Week on ChangeWave TV

camera icon Cashing in on Bad News: The headlines this week are full of doom and gloom, but if investors adjust their strategies, profits can still be made. ChangeWave's Toby Smith outlines the troubles we face and how to make money when the news is bad. Watch Video … Listen to Audio …

camera icon Ask Toby: Three Shipping Plays: Toby gives you his take on DryShips Inc. (DRYS), Frontline Ltd. (FRO) and Diana Shipping (DSX). Watch Video … Listen to Audio …

camera icon Double Your Money in an Ugly Market: Don't let this lousy market get you down. There are huge profits to be made from falling stocks regardless of the overall market's direction. ChangeWave Shorts Editor Michael Shulman tells you how. Watch Video … Listen to Audio …

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OptionsZone.com ad Top Stories this Week

3G iPhone Ups the Ante

By Paul Carton and Jim Woods

A ChangeWave survey shows a tsunami-like impact for Apple (AAPL) as Research In Motion (RIMM) gets set to counterattack. Read More …

Time to Add Some Green to Your Portfolio

By Toby Smith

With the help of rising technologies, we are beginning to wean ourselves off of fossil fuels. Toby explains why investors should be riding this transformation now. Read More …

Two Ways to Profit From Falling Stocks

By Jon Najarian

You don't have to short stock to put a bearish bet on the table -- however, the paths to profits come with different levels of risk. ChangeWave Options Trader Editor Jon Najarian shows you the ropes. Read More …

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